Insider Buying: Zotefoams (LON:ZTF) Insider Purchases £9,994.08 in Stock

Zotefoams plc (LON:ZTF) insider Lynn Drummond bought 2,256 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were purchased at an average price of GBX 443 per share, for a total transaction of £9,994.08.

Zotefoams Trading Up 1.1%

Shares of ZTF opened at GBX 443 on Monday. Zotefoams plc has a fifty-two week low of GBX 318.55 and a fifty-two week high of GBX 479.88. The company has a market capitalization of £217.88 million, a PE ratio of 9.87, a price-to-earnings-growth ratio of 0.66 and a beta of 1.24. The stock has a fifty day moving average of GBX 440.36 and a two-hundred day moving average of GBX 412.18. The company has a debt-to-equity ratio of 44.93, a quick ratio of 0.67 and a current ratio of 1.07.

Zotefoams (LON:ZTF) last posted its quarterly earnings data on Wednesday, August 5th. The company reported GBX 25.70 earnings per share (EPS) for the quarter. Zotefoams had a return on equity of 18.18% and a net margin of 13.88%.

Analysts Set New Price Targets

Several analysts have commented on ZTF shares. Peel Hunt restated a “buy” rating and issued a GBX 550 price target on shares of Zotefoams in a report on Wednesday, August 5th. Berenberg Bank reiterated a “buy” rating and set a GBX 590 price objective on shares of Zotefoams in a report on Thursday, August 6th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 605.

Zotefoams Company Profile

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, rest of Europe, North America, and internationally. The company operates through Polyolefin Foams, High-Performance Products, and MuCell Extrusion LLC segments. It offers AZOTE, a polyolefin foam under the Plastazote, Evazote, and Supazote, AZOTE Adapt brands; and various high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK brand; and Ecozote foam for plastic products that offers circularity and reduce reliance on fossil fuel-derived raw materials.